Agents & Brokers News

UK-Based MGA Nexus Group Buys Trade Credit Broker, Credit Risk Solutions

Independent specialty managing general agent Nexus Group announced it has acquired Credit Risk Solutions Ltd. (CRS). Established in 2003, CRS is an independent specialist trade credit broker operating with headquarters in Halifax and offices in Manchester and Birmingham, England. Details …

Aon Benfield Names Siccardi as EMEA & UK Head of Client Services

Aon Benfield, the reinsurance intermediary and capital adviser of Aon plc, has appointed Leonora Siccardi as EMEA & UK Head of Client Services. Based in London and reporting to Maggie Westdale, CFO of Aon Benfield, Richard Posgate, co-CEO of EMEA …

Neon Launches Marine Joint Venture in Italy

Neon announced the launch of an underwriting operation in Italy with Cambiaso Risso, a leading Italian marine broker who will have a minority shareholding in the venture. Based in Genoa, Neon Italy will initially target hull and cargo business placed …

Marsh Appoints Fahrig as CEO of Continental Europe Region

Marsh announced the appointment of Siegmund Fahrig as CEO of its Continental Europe region, effective immediately. Fahrig succeeds Flavio Piccolomini, who was recently appointed CEO of Marsh’s International Division. Prior to his appointment, Fahrig served as CEO of Marsh’s operations …

Lloyd’s Broker AFL Creates Property Practice, Led by Crouch from Lockton

Lloyd’s broker AFL Insurance Brokers Ltd (AFL) announced the appointment of Neil Crouch to lead its new wholesale property practice. Previously head of broking at Lockton, Crouch will pioneer the company’s expansion in the property market, initially focusing on North …

UK Broker Capsicum Re Appoints Williams as Cyber Security Specialist

Capsicum Re, the London-based specialist reinsurance broker, announced the appointment of Conrad Williams as the latest addition to its cyber team. He will report to Ian Newman and Samantha Thompson, partners in Capsicum Re’s London property and specialty division, and …

Q3 2017 Likely to Be One of Costliest for Natural Disasters: Aon Report

The third quarter of 2017 is likely to break a new record as one of the costliest quarters for natural catastrophes, according to Impact Forecasting, Aon Benfield’s catastrophe model development team. “The month of September was exceptionally busy and marked …

Willis Towers Watson Launches Facultative Re Hub for Germany, Austria, Switzerland

Willis Towers Watson has launched a hub that will focus on facultative reinsurance business across the German-speaking region of Germany, Austria and Switzerland (DACH). The broker said the hub will further enhance its corporate risk and broking proposition in Western …

Driver Concerns Over the Future of Autonomous Vehicles: AIG Study

Safety of the vehicles, including the risk of hacking, are key concerns when it comes to autonomous vehicles, according to a study by American International Group, Inc. on the whether or not Americans accept or reject driverless cars on the …

Heffernan Insurance Brokers Opens London Unit, Led by JLT’s Murrell

Heffernan Insurance Brokers, the Walnut Creek, Calif.-based independent insurance broker, announced it has opened a London brokerage, Heffernan Brokers UK Ltd., led by Nick Murrell as executive vice president. Murrell joins Heffernan to establish its London office and expand operations …